Canadian blue chips dominate these two Canadian ETFs

Canadian blue chips dominate these two Canadian ETFs

These two Canadian ETFs track Canada’s best-established indexes and provide low-fee exposure to widely traded blue chip stocks.
When you invest in ETFs, simpler is generally better. And each of these two Canadian ETFs provides a straightforward approach to investing in a selection of Canada’s top… Read More

Blue chip ETFs focus on Canada

Blue chip ETFs focus on Canada

These two blue chip ETFs hold mostly large-capitalization, widely traded stocks on the Canadian exchange. Both funds mirror, or track, the performance of major stock market indexes as opposed to narrower ones focused on resources or themes, such as solar power or biotech.
Blue chip ETFs… Read More

Get 4.1% yield from Suncor

Get 4.1% yield from Suncor

Partly due to pressure from an activist investor, the firm recently shifted its focus to its main oil sands properties in Alberta. 

Meanwhile, we continue to advise that all investors maintain some exposure to the oil and gas industry. To further cut your risk, stick with… Read More

Get 4.6% yield from Suncor Energy

Get 4.6% yield from Suncor Energy

Despite a 5.9% rise in average daily oil production in the most recent quarter, Suncor Energy’s benchmark price for oil sands crude fell 5.2%. This led to an 8.0% revenue decline, although the final number still beat the consensus forecast.

The stock trades at just 4.9… Read More

Opt for these dependable utilities over bonds

The Bank of Canada has now increased its benchmark interest rate by another 25 basis points—to 5.0%—in response to still-high inflation.
Generally, higher interest rates diminish the appeal of dividend-paying utility stocks, as investors shift to better-yielding bonds. Rising interest rates also increase utilities’ borrowing costs—and… Read More

Get 5.1% from Suncor

Get 5.1% from Suncor

Despite a recent decision by OPEC to cut production, crude oil prices are still down about 10% in the past year. That’s largely due to slowing economic growth in China, even after lifting most COVID-19 restrictions. High interest rates have also increased fears of a.. Read More

Petro-Canada – former Toronto symbol PCA

Petro-Canada – former Toronto symbol PCA

Petro-Canada was Canada’s second largest integrated oil company. Its production centred on Western Canada before its sale to Suncor.
PETRO-CANADA was acquired by rival Suncor Energy Inc. (Toronto symbol SU) in August 2009.

Under the terms of the deal, Petro-Canada shareholders received 1.28 common shares of Suncor… Read More